CoBank offers a broad range of competitively priced, flexible loan programs, leasing services and other financial services that enable electric cooperatives to fulfill their mission of providing reliable power to rural communities.
Today, over 75% of electric distribution, transmission and generation cooperatives work with CoBank for their banking and financial needs. We finance electric cooperative projects of all kinds, including smart grid technology, retail broadband, DER investment, renewables, electric vehicles and more. We also have extensive experience working in coordination with government loan programs and facilitating the process on behalf of our customers.
Fiber has dramatically changed our cooperative’s financial position for the better, and leasing our broadband assets through CoBank Farm Credit Leasing has given us a great deal of financial flexibility as we continue to deliver value to our expanding customer base.
– Jim Bagley, CEO, United Electric Cooperative
As a committed financial partner to the electric cooperative industry, we support the National Rural Electric Cooperative Association, statewide organizations across the country, the Tennessee Valley Public Power Association and the Northwest Public Power Association, providing both funding and thought leadership. Over the last seven years, CoBank has been a strong supporter of NRECA International, contributing more than $2 million to help fund rural electrification efforts across the globe.
Financing Solutions and Services
Ask about our wide variety of short- and long-term loan products
Manage incoming and outgoing payments, maximize use of idle funds and more
Lease solar arrays, battery storage units, EVs, rolling stock, equipment, facilities and more
Engage with our strategic planning, issues assessment, financial forecasting and education sessions
Discover the opportunities, risks, infrastructure financing and member engagement tactics for the electric vehicle evolution
Publications and Case Studies
With Lessons Learned From CoBank-Led Session, Electric Co-op Builds Consensus On Challenges Such As Succession Planning
Rural Electric Convenience Cooperative